Lysine Hydrochloride Pricing Report

Lysine Hydrochloride Prices December 2023

In the United States, lysine hydrochloride prices varied significantly in the fourth quarter of 2023. Due to excessive supply from major companies and low downstream use, both grades initially suffered a drop in price. November saw a sharp increase in product demand in both domestic and foreign markets, which led to a little price increase. Prices started to fall again by the end of Q4, coming down to 1535 USD/MT for feed grade and 2440 USD/MT for food grade.

The Asia Pacific lysine hydrochloride market had a mixed performance in the last quarter of 2023. Due to an increase in production activity and adequate stockpiling of inventory, Q4 began on a downward trend. Prices increased by the middle of the quarter as a result of higher demand for the food industry downstream. Nevertheless, Q4's price trend was downward, with stops around 1275 USD/MT for feed grade and 2115 USD/MT for food grade.

Prices for lysine hydrochloride in Europe reached 1560 USD/MT (feed grade) and 2520 USD/MT (food grade) in the final quarter of 2023. Prices dropped at the start of the quarter as a result of a decline in downstream sector demand. In addition, the supply disruption in November resulted in a spike in shipping expenses, which helped to moderately raise prices. By the conclusion of the quarter, prices had once more started to decline as a result of major participants clearing out their inventory.

Lysine Hydrochloride Price Trend, Market Analysis, and News

IMARC’s newly published report, titled Lysine Hydrochloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of lysine hydrochloride pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing lysine hydrochloride price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Lysine Hydrochloride Market Analysis

The global lysine hydrochloride market size reached 108.3 thousand tonnes in 2023. By 2032, IMARC Group expects the market to reach 158.2 thousand tonnes, at a projected CAGR of 4.30% during 2023-2032.

• One of the main drivers for the industry expansion is the rising demand for meat. To guarantee that animals acquire the necessary amino acids for a healthy growth, lys-HCl is added to animal feed. This improves the quality of the meat and increases production efficiency. An estimated 350 million tonnes of meat are produced annually worldwide, according to Our World in Data. In addition, since 1961, the world's meat production has more than doubled. The need for lysine hydrochloride is anticipated to expand sharply in the upcoming years due to the trend of rising meat consumption.
• Additionally, consumers are growing conscious of nutritional balance, wellbeing, and health. People are realizing how crucial protein is to sustain health and encourage an active lifestyle. Lysine hydrochloride aids in tissue regeneration, muscular growth, and the synthesis of hormones and enzymes. The Global Wellness Institute projected that the global wellness market would be valued $5.6 trillion by 2022, a 14% increase over 2019 forecasts. The wellness industry benefited from $1079 billion in contributions from good eating, nutrition, and weight loss.
• The market is growing due to the widespread nutritional deficiency. Lysine hydrochloride fortification can enhance nutritional value, promote improved health outcomes, and lower the prevalence of protein-energy malnutrition. The World Health Organization estimates that micronutrient deficiencies affect over 2 billion people worldwide, increasing the risk of infectious diseases.
• The aquaculture sector is also embracing lysine hydrochloride because it keeps shrimp and farmed fish healthy. It ensures that fish are fed diets rich in protein, which promotes better quality, higher growth, and an increased feed conversion ratio. The aquaculture sector is expected to grow rapidly in the upcoming years. In 2022, 54.4 million tons of aquaculture were produced worldwide, accounting for 44.4 percent of total aquaculture production. It is anticipated that this industry will grow at a 4.2% yearly rate from 2023 levels to 116.6 million tonnes by 2032.
• Lysine hydrochloride also finds applications in the pharmaceutical sector. It promotes protein synthesis, which aids in tissue repair and recovery. It has also been studied for its potential to treat cold sores caused by herpes simplex virus. The pharmaceutical sector is expanding at a rapid rate across the globe. For instance, the pharmaceutical sector in the United Kingdom generates 40.8 billion pounds in revenue annually. Furthermore, the Indian pharmaceutical industry is expected to reach a valuation of $130 billion by 2030. India is also a major exporter of pharmaceuticals, as it supplies over 50% of Africa’s requirement for generics, 40% of generic demand in the U.S., and 25% of all medicine in the U.K. 

Lysine Hydrochloride News

The report covers the latest developments, updates, and trends impacting the global lysine hydrochloride market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in lysine hydrochloride production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the lysine hydrochloride industry:

• In April 2021, CJ Bio announced its plan to invest $20 million in its Webster Country plant. This plant produces amino acids lysine and threonine, which are added to feed for swine and poultry.
• In September 2023, EPPEN Biotech announced new prices for their 98.5% L-Lysine HCL, 70% L-Lysine sulfate, L-Valine, and Threonine products at 11 RMB/kg, 6.5 RMB/kg, 23 RMB/kg, and 12.1 RMB/kg respectively.

Product Description

Lysine hydrochloride (Lys-HCl) is a naturally occurring amino acid with chemical formula C6H15ClN2O2. It is a white crystalline powder with a molecular weight of 182.65g/mol and solubility in water and ethanol. This compound is an essential building block of proteins that are particularly important in human health and nutrition.

Lys-HCl is synthesized through the fermentation of bacteria like Corynebacterium or Brevibacterium, followed by purification and conversion into its hydrochloride form to augment its stability and solubility.

Lysine hydrochloride is used in dietary supplements, animal feeds, medicinal preparations, and bodybuilding supplements. It improves the bioavailability of lysine, supports tissue repair, promotes calcium absorption, and assists in the production of enzymes, antibodies, and hormones.

Regional Coverage

The report provides a detailed analysis of the lysine hydrochloride market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends. 

Global Lysine Hydrochloride Price

The report offers a holistic view of the global lysine hydrochloride pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Lysine Hydrochloride Price

The lysine hydrochloride market in Europe was influenced by prevailing market trends in major exporting nations. Initially, the prices of lysine hydrochloride witnessed a downturn due to a reduction in consumption within the end-user industry and a decline in consumer confidence. By November, there was a surge in prices due to increased demand from the food sector. However, the quarter concluded on a pessimistic note due to the strategic move by suppliers to clear inventories.

This analysis can be extended to include detailed lysine hydrochloride price information for a comprehensive list of countries.

North America Lysine Hydrochloride Price

North American market for lysine hydrochloride underwent significant fluctuations during Q4FY2023. In October, there was a decline in prices of both grades due to limited demand, economic turmoil, and excess inventory. By November, the prices stabilized moderately due to a surge in demand from domestic and international food sectors. However, the quarter ended with a low because of a limited number of new orders and prevailing destocking practices.

Specific data on lysine hydrochloride prices within the United States and Canada can also be provided.

Middle East and Africa Lysine Hydrochloride Price

The report explores the lysine hydrochloride pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on lysine hydrochloride prices for countries can also be provided.

Asia Pacific Lysine Hydrochloride Price

The Asia Pacific region underwent significant developments that impacted the lysine hydrochloride prices during the final quarter of 2023. In October, prices declined significantly due to increased production activity, causing substantial accumulation of lysine hydrochloride. In the middle of Q4, prices rebounded due to a surge in demand from the meat and dairy sectors. Towards the conclusion of the quarter, the prices of lysine hydrochloride declined again because of the pessimistic outlook in demand.

This analysis can be further extended to include detailed lysine hydrochloride prices for a comprehensive list of countries within the region.

Latin America Lysine Hydrochloride Price

The analysis of lysine hydrochloride prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of lysine hydrochloride pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting lysine hydrochloride price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the lysine hydrochloride industry.